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by this scheme. >> reporter: is there any doubt in your mind that these banks hurt the city of baltimore? >> absolutely no doubt. we cannot stand by when we feel that we are being cheated. >> reporter: stephanie rawlings- blake, the mayor of baltimore, says the libor manipulation hurt america's cities at the worst possible time, the height of the recession. as the city balanced a budget deficit by closing fire stations, recreational centers, and schools, the mayor says the banks added to the deficit with artificially low interest rates that underpaid the city on investments. officials estimate the loss at up to several million dollars. given the deficit that you faced to begin with-- $65 million, $68 million-- are you saying the banks piled on? >> you're talking about $1 million or $2 million-- that, you know, that's a fire company, that's recreation centers, that's, you know, services that our city needs, and we're going to fight for that. >> reporter: in downtown baltimore, the head of the firefighters union, michael campbell, says the closing of some fire stations slowed down the resp
. the city of baltimore, and the firefighters and police union of new britain, connecticut, have already filed a lawsuit against barclays and other international banks, claiming that a low libor cost them a return on their investments. bob diamond, the ex-c.e.o. of barclays, is due to face some tough questions by british politicians tomorrow, and his line of defense is going to be that, at the time back in 2007 and 2008, a lot of banks were fixing interest rates. and he's going to say that the deputy head of the british central bank actually called him up and gave him a tacit green light to go ahead-- an exclusive allegation, scott. >> pelley: a lot more to come. liz, thanks very much. phony cancer drugs from overseas end up in u.s. clinics. a ruling in the case of a jetblue pilot charged with disrupting a flight. and just ahead of the fourth. the sun sets off some fireworks. when "cbs evening news" continues. [ male announcer ] it's simple physics... a body at rest tends to stay at rest... while a body in motion tends to stay in motion. staying active can actually ease arthritis symptom
huge profits, but it may also have cheated consumers. the city of baltimore and the firefighters and police union of new britain, connecticut, have already filed a lawsuit against barclays and other international banks claiming that a low libor cost them a return on their investments. elizabeth palmer, cbs news, london. >>> a jetblue airline pilot who disrupted his own flight leaving the cockpit and screaming about religion and terrorists has been found not guilty due to mental illness. clayton osbon was charged with interfering with a flight crew after the incident in march. a federal judge in amarillo, texas where the plane made an emergency landing ordered him to a mental health facility. for further tests. >> the titans of competitive eating will take part in one of the biggest sporting events of the year. the nathan's hot dog eating contest in coney island. we have a preview yesterday of sorts. our buddy john elliott coming up on the left weatherman from our weather station in new york city up against former nathan's champ. takeru kobayashi. looks like john is gobbling these
-star harold reynolds, a former seattle and baltimore player, who will be covering the all-star game for mlb network and in kansas city, espn's jayson stark, who joins us from the field of tuesday's game. doris let me start with you. what is it about baseball that has given us this great staying power? we have been playing baseball in this country since the civil war, abraham lincoln -- >> my god. >> schieffer: played baseball. you wrote a book of some notice about it. what do you think it is about this game? >> i think it has to do with the fact it gets passed down from a parent to a child so it is part of your family memories, i mean in my state i was six years old and kept they art of keeping score so i could record for him the history of that afternoon's brooklyn dodger game, and he never told me then that all of this was actually described in the sports pages the next day so i threw it out and he wouldn't do know what happened to the brooklyn dodgers so my kids love baseball and part of the same fabric, we now have season tickets to the red sox, i can sometimes sit at the field and clo
Search Results 0 to 3 of about 4